(03-16-18)
February shipments continued their January increase for steel and aluminum in the U.S. and turned up for both metals in Canada. Inventory positions deteriorated slightly across the board. U.S. Service Center Activity – U.S. service center steel shipments in February 2018 increased 5.2% from February 2017. Steel product inventories increased 5.4% from February 2017. U.S. service center shipments of aluminum products in February increased by 11.6% from the same month in 2017. Inventories of aluminum products increased 6.5% from February a year ago. Canadian Service Center Activity – Canadian service center shipments of steel products in February 2018 increased by 4.8% from February 2017. Steel product inventories decreased 1.9% from February a year ago. Canadian service center aluminum shipments in February increased 0.6% from the same month in 2017. Inventories of aluminum products increased 0.2% from February a year ago.